Overview
The ability to see how government
uses the public purse is fundamental to democracy. Budget transparency checks corruption,
bolsters public confidence in government, and promotes fiscal
responsibility. Massachusetts
has only barely begun to take full advantage of the benefits of online transparency for government expenditures. Transparency 2.0 is Comprehensive, One-Stop, One-Click Budget
Accountability and Accessibility
Further, state budget decisions are
often based on short-term considerations or narrow criteria that create larger
costs over the long term. This short-term bias in budgeting takes a variety of
forms: governments often fail to maintain adequate rainy-day funds. States take
on excessive debt. They sell off public assets for short-term gain while
compounding long-term revenue shortfalls. State agencies also tend to ignore
operating expenses when planning capital projects. They also have a history of
underfunding public-employee pension and benefit programs. These mistakes leave
future administrations with large budget deficits that lead to unnecessary tax
increases or painful cuts in public programs.
Transparency 2.0 is comprehensive, one-stop, one-click budget
accountability and accessibility.